403-630-1223
20
$4,500,000 Sale
Listed 14 hours ago
849-815 Railway Ave
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Key Facts
Key facts for 849-815 Railway Ave
Property Type
Commercial
Parking
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MLS #
A2263660
Size
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Basement
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Listed on
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Lot size
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Days on Market
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Year Built
1950
Maintenance Fee
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Description
Rail Siding Opportunity – $4.5 Million Asking Price This unique investment opportunity includes a high-performing CP Rail siding and adjacent feedlot support, offering strong cash flow potential and room for expansion. Key Highlights: • Annual Revenue: Approx. $800,000/year (with only 2 part-time st...aff required; note: 2024 was an underperforming year). • Current Lease: $12,000/year. • Land Base: 5 acres total – a combination of owned land and leased land from CP Rail. • Siding Capacity: • CP Rail classifies it as a 30-car siding. • The site has space to unload 15 cars at a time. • CP typically provides 2 to 3 unload spots per week • Railcars are dropped off in two shifts (15 cars each), as they are unloaded. • Cash Flow Stream: Excellent revenue from soymeal deliveries to colonies. • Power: Equipped with 3-phase power on site. • Staffing: Two part-time employees, who also assist with feedlot operations when not at the siding. Expansion Potential: • Engineered plans (not yet received) are available for siding expansion to either 50-car or 150-car capacity. Additional Notes: • Site includes an old elevator with minimal remaining value.
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Courtesy of: Real Estate Centre - Fort Macleod
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